About Evorentals
Evorentals is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2019 by Mamta Jain and Saurabh Jain. It provides electric scooter rentals with roadside assistance and green features. It operates on a B2C and D2C model. Its Indian entity Evo Rentals Private Limited reported revenue of ₹40.8 Lakh. Evorentals offers products and services including Electric Scooter Rental, Roadside Assistance, and Booking App. Its focus areas include Transportation, Sustainable Mobility, Urban Rentals and Electric Scooters. Its competitors include Ghoom, Exa Mobility and EVRent; 1 of its 3 listed competitors has raised funding.
Company details
Evo operates as a rental service for electric scooters, focusing on reducing urban emissions through affordable, user-friendly options. It offers features like swappable batteries, roadside assistance, and an easy-to-use app for bookings. Based in Bangalore, India, the company promotes sustainable transportation by allowing users to rent scooters at low rates, helping individuals travel efficiently while minimizing their carbon footprint. Services cater to daily commuters seeking convenient, eco-conscious alternatives.
- Headquarters Bengaluru, India
- Founders Mamta Jain, Saurabh Jain
- SectorsTransportation, Automotive & Logistics
- Website evorentals.com
- Social LinkedIn X Facebook Instagram
- Legal Name Evo Rentals Private Limited
- Date of Incorporation 19 Apr, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹40.8 Lakh
FY 2025 · +311% YoY
- Net Profit₹3.3 Lakh
FY 2025 · 8% margin
- EBITDA₹4.6 Lakh
FY 2025 · 11% margin
Associated legal entities of Evorentals
Evorentals operates through Evo Rentals Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evo Rentals Private Limited CIN U52609KA2019PTC123561 | Active | 19 Apr 2019 | Bangalore, Karnataka | ₹0.4 Cr | 2 | View details |
Products & Services of Evorentals
Evorentals offers a comprehensive portfolio of products and services, including Electric Scooter Rental, Roadside Assistance, and Booking App.
Service for renting electric scooters with eco-friendly features.
On-demand help for scooter users during rentals.
App for reserving and managing scooter rentals easily.
Board of directors of Evo Rentals Private Limited (Evorentals)
Evo Rentals Private Limited is the primary company behind Evorentals. The board of Evo Rentals Private Limited currently have 2 directors; the longest-serving is Suresh Selvaraju, appointed in 2024. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Selvaraju DIN 09356687 | Director | 28 Mar 2024 | 2 yrs 7 mo | Evo Rentals Private Limited |
| Seetharam Haleyur Sanjeevkumar DIN 09863306 | Director | 28 Mar 2024 | 2 yrs 7 mo | Evo Rentals Private Limited |
People of Evorentals
2 people are tracked at Evorentals (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Evorentals
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Evorentals
Figures of Evo Rentals Private Limited, the primary company behind Evorentals, for FY 2025. Revenue was ₹40.8 Lakh (+311% year on year). Net profit was ₹3.3 Lakh (8% margin). EBITDA was ₹4.6 Lakh (11% margin). Revenue has grown at a compounded annual rate of +64% over three years and +57% over five years.
- ₹40.8 LakhRevenue · FY 2025 · +311% YoY
- ₹3.3 LakhNet profit · 8% margin
- ₹4.6 LakhEBITDA · 11% margin
- ₹1 LakhPaid-up capital
- +64%Revenue CAGR, 3 years
- +57%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Evo Rentals Private Limited are on its company page.
Detailed financial statements for Evorentals
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Evorentals
Evorentals has 3 listed competitors in our database, 1 of them funded. They include Ghoom, Exa Mobility and EVRent.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ghoom.bike | 2018 | New Delhi, India | Operates an app-based platform for electric scooter rental services. | |||
| exa-mobility.com | 2018 | Pune, India | $17,954 | 21 | Electric two-wheelers are rented through a dedicated platform. | |
| evrent.in | 2019 | Pune, India | Provides an online platform for renting electric scooters. |
Detailed competitors of Evorentals
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Evorentals (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Evorentals
Evorentals was founded in 2019.
Evorentals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Evorentals, Evo Rentals Private Limited, reported revenue of ₹40.8 Lakh for FY 2025, up 311% year on year.
Evo operates as a rental service for electric scooters, focusing on reducing urban emissions through affordable, user-friendly options. It offers features like swappable batteries, roadside assistance, and an easy-to-use app for bookings. Based in Bangalore, India, the company promotes sustainable transportation by allowing users to rent scooters at low rates, helping individuals travel efficiently while minimizing their carbon footprint. Services cater to daily commuters seeking convenient, eco-conscious alternatives.
Evorentals's top competitors include Exa Mobility, Ghoom and EVRent.
Evorentals offers Electric Scooter Rental, Roadside Assistance, and Booking App.
Evorentals operates through Evo Rentals Private Limited.
The legal entities of Evorentals currently have 2 directors, including Suresh Selvaraju, Seetharam Haleyur Sanjeevkumar.